Vincent Mortier, Group CIO of Amundi, Europe s largest asset manager, expects the US Federal Reserve to cut rates in June, not March, due to the softening economy and the need to support the US economy in an election year. Mortier also believes that the market is not prepared for this and there will be a repricing of stocks when investors realize that earnings will not grow as expected.
FRONTEND DEVELOPER (ANGULAR) it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
In the US, flows have surged to an 18-month high, reaching $26.3 billion. Notably, there has been a significant influx of funds into US mid and small-cap investments, which had lagged in the recovery since October 2022, says Elara Capital.
The company, Brite Semiconductor, offers chip design services to at least six Chinese military suppliers, a Reuters examination of company statements, regulatory filings, tenders and academic articles by People s Liberation Army (PLA) researchers and institutions found.
Amalina Anuar | East Asia Forum eastasiaforum.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastasiaforum.org Daily Mail and Mail on Sunday newspapers.